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8/10/2008
German Authorities Ready Siemens Trial On Illegal Trade Union Payments
7/07/2008
Prosecutors Finger Siemens Board Member in Union Bribes
Labor Leader Admits Taking Siemens Bribes
German Authorities Ready Siemens Trial On Illegal Trade Union Payments
The key figures are names that should be familiar to anyone who has been following the Siemens case Johannes Feldmayer (former Siemens bard member) and Wilhelm Schelsky (former head of the Association of Independent Employees trade union). Feldmayer is accused of going above and beyond to foster good relations with the AUB - tens of millions of dollars above and beyond.
For more on the upcoming trial, which has 100 witnesses lined up already, try the WSJ Law Blog. For more background on the Feldmayer and Schelsky try the tags below. We've got you covered.
For more on the upcoming trial, which has 100 witnesses lined up already, try the WSJ Law Blog. For more background on the Feldmayer and Schelsky try the tags below. We've got you covered.
Labels: AUB, Johannes Feldmayer, Siemens, Wilhelm Schelsky
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Prosecutors Finger Siemens Board Member in Union Bribes
Former Siemens executive board member, Johannes Feldmayer allegedly authorized more than $48 million in the service of bettering union relations.
That would do it, I imagine.
The German government, however, has taken a dim view of this action.
Both Feldmayer and AUB union boss, Wilhelm Schelsky have been charged in the Siemens bribery probe on fraud, tax evasion and beach of trust grounds.
Schelsky, for his part, has a back-log of other legal problems to boot.
More on Feldmayer and Schelsky via Blooomberg.
-- MDT
6/01/2007
That would do it, I imagine.
The German government, however, has taken a dim view of this action.
Both Feldmayer and AUB union boss, Wilhelm Schelsky have been charged in the Siemens bribery probe on fraud, tax evasion and beach of trust grounds.
Schelsky, for his part, has a back-log of other legal problems to boot.
More on Feldmayer and Schelsky via Blooomberg.
-- MDT
Labels: bribery, Johannes Feldmayer, Siemens, Wilhelm Schelsky
Labor Leader Admits Taking Siemens Bribes
Wilhelm Schelsky, the former head of the German union, AUB has admitted that he took money from Siemens in exchange for acting as an "undercover lobbyist" for the company.
The comments from Schelsky, which appeared Thursday in a German magazine, would seem to add credence to the lawsuit brought against Siemens by rival union IG Metall which alleged just this type of shenanigans. Schelsky, who has been in police custody since February, reportedly received more than $45 million dollars from Siemens.
The Siemens board member who made the payments to Schelsky, Johannes Feldmayer, was also arrested on charges of conspiracy but has since been released on bond. His ultimate fate, as well as Schelsky's is still unknown, but none of this is particularly good news for Siemens.
-- MDT
The comments from Schelsky, which appeared Thursday in a German magazine, would seem to add credence to the lawsuit brought against Siemens by rival union IG Metall which alleged just this type of shenanigans. Schelsky, who has been in police custody since February, reportedly received more than $45 million dollars from Siemens.
The Siemens board member who made the payments to Schelsky, Johannes Feldmayer, was also arrested on charges of conspiracy but has since been released on bond. His ultimate fate, as well as Schelsky's is still unknown, but none of this is particularly good news for Siemens.
-- MDT
Labels: AUB, bribery, IG Metall, Johannes Feldmayer, Siemens, Wilhelm Schelsky
